In an interview that aired Sunday, General Electric Chairman and Obama job czar Jeffrey Immelt told CBS’ Leslie Stahl that the notion that Americans were against big companies was “just wrong.” “I want you to root for...

Update (below): ‘The Yes Men’ take credit for stunt Through the use of legal tax shelters and benefits, General Electric (GE), the largest corporation in the world, was on track to pay approximately nothing in U.S. taxes on more than...

WASHINGTON (Reuters) – Intel Corp Chief Executive Paul Otellini will be named to a panel of experts advising President Barack Obama on jobs, the White House said on Friday. Otellini will join the President’s Council on Jobs and...

President Barack Obama announced Friday that General Electric (GE) Chairman and CEO Jeffrey Immelt will chair the President’s Council on Jobs and Competitiveness. The new council was to replace the Economic Recovery Advisory Board headed...